The regulator is to apply an additional AUD250m
capital requirement to Allianz Australia Ltd.
"We feel, together with the PIRA, that a P900 million
capital requirement should be kept and not further increased to P1.3 billion," Loozekoot said on the sidelines of PLIA's 69th Anniversary celebration on Tuesday night.
Less than a year before the deadline, the Insurance Commission disclosed yesterday that many non-life insurers remain way below the government's minimum
capital requirement.
New Delhi: The government is expected to infuse about Rs 10,000 crore within a few days in some state-owned lenders including PNB, Corporation Bank and Central Bank of India, to help them meet regulatory
capital requirement.
Under FSRA's current rules, an authorised firm that manages a collective investment fund is subject to a
capital requirement that is either determined on a base
capital requirement (BCR) of $250,000 or an expenditure based capital minimum (EBCM) if higher than the BCR.
* The
capital requirement to cover insurance liabilities has increased substantially under the risk-based capital regime of Solvency II.
Islamabad -- The Securities and Exchange Commission of Pakistan (SECP), with the approval of its Policy Board, has increased the minimum paid up
capital requirement for insurance companies.
Based on 2013 results as well as the stress tests, most insurers fulfill the so-called solvency
capital requirement, the Dutch central bank said in a statement yesterday.
The FSC will replace the NCR rules with the 'minimum
capital requirement', which includes regulatory
capital requirement,
capital requirement for client asset management, and
capital requirement for proprietary investments.
They set the initial
capital requirement. They can intervene to check banks' risk-taking.
British
capital requirement rules don't apply to resident foreign bank branches located in-country but with headquarters abroad.
